Another "Wal-Mart" element is expected to appear in store 1th.

Another "Wal-Mart" element is expected to be found in store 1th, which sells Wal-Mart's own brands. According to the Beijing Business News reporter, Wal-Mart to provide funds to support the "Mother Business Cycle" project products in the future may appear in Shop No. 1th. It is also seen as a proactive approach by Wal-Mart to break the rumors that the number 1th stores were sold by Wal-Mart through product collaboration.

Wal-Mart said that in 2014-2016, the plan to invest 3 million yuan, 3.3 million yuan, 3.7 million yuan to continue to support the "Mother Business Cycle" project. Bo Rui, senior vice president of Wal-Mart China's corporate affairs, said it hoped to bring the products from the project to the Wal-Mart supply chain, or to try out a female product route at shop 1th. "If the product can reach Wal-Mart's procurement standards, it can enter the Wal-Mart procurement system supply chain." We've considered docking sales, but at the moment it's just an idea, and maybe store 1th will be willing to try it in the future. "said Bo Rui.

Compared with the project, the more noteworthy is that Wal-Mart and shop number 1th finally let the industry see the product level of cooperation. May 2011 Wal-Mart shares the number 1th stores, accounted for 17.7%, August 2012, the Ministry of Commerce approved Wal-Mart 1th stores to increase the holding to 51.3%. However, shop number 1th in the second half of the year has been two rumors of prostitution. According to the Beijing Business News reporter, Wal-Mart Strategic Investment shop No. 1th, store 1th is part of Wal-Mart's global E-commerce. In addition to Wal-Mart's own-brand products sold in shop 1th, shop 1th also enjoys Wal-Mart's global supply chain, sharing purchases and logistics, and building up its barrier advantage in the field of imported food.

However, the "slow" cooperation between store 1th and Wal-Mart has been a source of concern, which is why shop 1th has repeatedly been rumored to have been sold for prostitution. Especially in the Beijing-east, Ali after the listing, the domestic electric business environment and the pattern is gradually changing, TOP10 electric business only 1th stores for unlisted companies. There is a point of view that Wal-Mart may have other considerations for shop number 1th, which still needs to continue to burn money. Wal-Mart achieved a net profit of $16 billion, down 5.7% per cent year-on-year, in the 2014 fiscal year, dragged down by the US economic downturn and the willingness of the Government to slash welfare. In September this year, in the face of the "Prostitution of China Resources" rumors, shop No. 1th Direct response, "shop 1th and strategic partner Wal-Mart has never had contact with China Resources Group on capital cooperation matters." The cooperation between store 1th and Wal-Mart is progressing smoothly, and both sides are very satisfied with the current business arrangements.